Nestled in a serene cul-de-sac on 79 Tidal Road, Mangere, Auckland, this 1963-built, freehold property boasts 3 bedrooms, 1 bathroom, and a single carpark. The 85sqm floor area is complemented by a 675sqm level land, featuring wood exterior walls and an iron roof in average condition. The recently updated roof adds to the property's appeal. The converted garage offers additional utility space, while the zoning allows for a 65sqm minor dwelling at the rear without the need for Resource Consent. The property has seen a CV increase of 35.84% from $530,000 in 2017 to $720,000 as of June 2021. HouGarden AVM estimates the property at $690,000, with the latest sales in 2007 and 2011 at $309,000 and $250,000 respectively.
With a prime location near Plan Change 78's Mixed Urban zone, the property benefits from nearby stormwater and wastewater services, and no history of flooding. It's a perfect investment, currently tenanted with the option to continue. The government's valuation history and the property's potential for future development make it an attractive opportunity for savvy investors. Close to schools, shops, motorway access, and the airport, this property offers convenience and potential.
For families, the school network is a significant plus. Sir Douglas Bader Intermediate, Jean Batten School, Kingsford School, and Aorere College are all within reach, with decile ratings ranging from 1 to 2. This property not only promises a comfortable living environment but also quality education for the kids.
Updated on October 11, 2024